Candel Sticks Indicator and Filters - page 6

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forexpipcatcha
1863
forexpipcatcha  

Thanks

I can do what you recommend and if I need the default changed I can change the settings on the indicator.

Sergey Golubev
Moderator
109082
Sergey Golubev  

Forum on trading, automated trading systems and testing trading strategies

Something Interesting

Sergey Golubev, 2017.05.30 11:32

There is interesting EA which was created for MT5:

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CodeBase
Bullish and Bearish Engulfing - expert for MetaTrader 5
This EA (the latest fixed version) is trading on 'Bullish and Bearish Engulfing' patterns.



The development thread (free development) - Requests & Ideas (MQL5 only!)




Sergey Golubev
Moderator
109082
Sergey Golubev  

And this is about how to program with some more information about how to use (if someone is having some more ideas about how to improve this free EA - go to this thread with good elaborated idea):

The development thread (free development) - Requests & Ideas (MQL5 only!)

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Some more information -

CodeBase:

  1. Libraries: MQL5 Wizard - Candlestick Patterns Class

Small Articles:

  1. Bullish Engulfing Pattern 

  2. Bearish Engulfing Pattern

Sergey Golubev
Moderator
109082
Sergey Golubev  

And finally - good article for more ideas:

ANALYZING CANDLESTICK PATTERNS
Sergey Golubev
Moderator
109082
Sergey Golubev  

And this indicator was already coded for MT4 and MT5 (link to CodeBase):

Forum on trading, automated trading systems and testing trading strategies

Something Interesting

Sergey Golubev, 2016.06.23 21:14

Harami

This is one interesting indicator for MT5 and MT5 for searching harami pattern:

Harami indicator for Metatrader 5;

Harami indicator for Metatrader 4.

"It's just a normal search pattern Harami. You can do with it whatever you want. Personally, I find it useful on H1 charts. Position closes when a reversal characteristics as shown in the central part of the picture. Then open a long position on a 100+ pips. Watch out for feet, expose them tight enough!"




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Sergey Golubev
Moderator
109082
Sergey Golubev  

Studying candlestick analysis techniques (part I): Checking existing patterns 

Candlestick analysis appeared more than 20 years ago and has since become quite popular. Many traders consider Japanese candlesticks the most convenient and easily understandable asset price visualization form. The similar bar format does not provide enough visual data. Japanese candlesticks are more convenient in terms of setup and display of candlestick body colors and thus provide a better visualization of market developments. 

Studying candlestick analysis techniques (part I): Checking existing patterns

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